Phillips 66 sets August date for Q2 2026 earnings. Investors weigh margin momentum

By Anna Walker, Analysts & Consensus desk. Reviewed on June 30, 2026 at 2:58 p.m. ET.

Phillips 66 (ISIN US7185461040) has set a timetable for its next earnings update, with Q2 2026 results and a webcast scheduled for August 5, 2026 according to a recent earnings-focused summary.

The company, which trades on the New York Stock Exchange under the ticker PSX, is coming off a period of stronger refining margins and a rebound in adjusted earnings, as highlighted in Q4 2024 results.

Upcoming Q2 2026 earnings date

The next key event for Phillips 66 will be the release of its Q2 2026 financial results on August 5, 2026, followed by a webcast at noon ET the same day, according to the Intellectia.ai summary of earnings developments.

This timing positions the refiner alongside other large US energy names that typically report around early August, and the webcast gives analysts and institutional investors a window to ask about margin trends, capital allocation, and any revisions to full-year guidance.

Refining margins and prior earnings beat

The same Intellectia.ai overview notes that Phillips 66 previously reported adjusted earnings of $542 million in Q4 2024, a turnaround from a loss of $759 million a year earlier, helped by a recovery in refining margins and stronger realized margins per barrel.

According to the report, the company generated robust operating cash flow in that period and reduced debt, which allowed management to emphasize balance-sheet strength and potential capacity for shareholder returns alongside planned investments in refining and midstream projects.

Refining and marketing footprint

Phillips 66 operates an integrated portfolio that includes refining, marketing, midstream, and chemicals interests, with refineries and logistics assets positioned near key US demand centers and export hubs.

This combination of refining capacity and product distribution supports the company’s ability to capture regional spreads in gasoline, diesel, and other refined products, while also providing exposure to petrochemicals and transportation fuels demand.

Phillips 66 stock and recent pricing

As of the latest available data from MarketBeat, which tracks NYSE-listed companies, Phillips 66 stock last closed at $174.17 on June 29, 2026, with modest additional moves reported in extended trading.

That recent closing level places the company in the higher end of its trading range over the past year, reflecting the recovery in refining profitability and the market’s expectations ahead of the August 2026 earnings update.

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